Lost Creek Farm Homeowners Association

Key facts from Lost Creek Farm Homeowners Association's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Recital C and Declaration: 'creates a Pl)

Legal name

Lost Creek Farm Homeowners Association

Units / lots

46 (maximum number of Lots that may be created) (Section 3.04)

Developer / declarant

LCF1, LLC

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-101 et seq. (Article I Definitions, 'Act' definition)

Special assessments

May be levied by Association if approved by at least 67% of total votes allocated to Members; for Common Expenses (Section 7.05)

Reserves & fees

Board shall annually prepare a capital expenditure and reserve budget for Common Expenses (Section 7.03(F))

Pets

Yes, dogs and cats allowed subject to Association rules; other animals require DRC consent (Section 4.13)

Leasing & rentals

Yes, but only leasing of an entire Residence as a single residence to a single family; no paying guests; no portion rented as part of a business (Section 4.03)

Parking & vehicles

Not specifically addressed; impliedly not allowed because parking on Property restricted except as noted

Fences

Not specifically addressed; subject to DRC approval (Section 5.01(C) (all improvements requir)

Architectural approval

Yes, Design Review Committee approval required for any structure, improvement, or exterior alteration (Section 5.01(C))

Maintenance

Owner responsible for maintenance of Residence including roof (Section 4.18)

Insurance

Deductible shall be a Common Expense; may be assessed against responsible Owner if loss due to conduct (Section 8.02(A)(3))

Voting & meetings

One vote per Lot; if multiple owners, one membership per Lot (Section 6.01, 6.02)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.